Before the auction, the property to be executed to commission a price assessment to determine the basic auction price. If the basic price can be determined, it is also possible not to appraise it.
Legal links: "the supreme people's court on the people's court civil execution in the auction, the sale of property provisions" Article 3 The people's court auction of the executed property, shall entrust the appropriate qualifications of the auction agency, and the auction agency to supervise the auction, but the law, the judicial interpretations of the provisions of the other.
Article 4 of the property to be auctioned, the people's court shall commission a qualified appraisal organization for price assessment. Where the value of the property is low or the price is easily determined in accordance with the usual methods, no assessment may be made.
The people's court shall grant permission to the parties and other enforcement creditors to apply for not conducting the assessment.
When assessing the equity of the executor, the people's court may order the enterprise concerned to provide accounting statements and other information; if the enterprise concerned refuses to provide, it can be forced to extract.